NOT LISTED FOR SALE

Nine Island 9 Island Ave Unit 509 Miami Beach, FL 33139

Venetian Islands Neighborhood

Estimated Value: $920,000 - $1,103,000

2 Beds
2 Baths
1,477 Sq Ft
$1,320/mo HOA Fee

Last Sold September 08, 2021

Last sale price $725,000 $491 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,794/month

61 Days on Market

Highlights

  • Doorman
  • Marina
  • Property fronts an intracoastal waterway
  • North Beach Elementary School Rated A-
  • Boat Dock
  • 2-minute walk to Belle Isle Park

About This Home

As of September 2021

Enjoy resort style waterfront living at Nine Island on prestigious Venetian Island. This spacious split plan unit features an open living/dining area, travertine & laminated wood floors, spacious master bed/bath with large walk-in closet, hurricane shutters & large balcony, 150 SF. Updated kitchen includes stainless steel appliances, wine fridge, granite countertops & access to balcony. Includes 1 covered parking space & storage. Spectacular amenities overlooking Biscayne Bay include pool, Jacuzzis, BBQ gazebo, marina, tennis courts, gym, 24hr security, concierge, and valet. Lovely park across the street w/ dog park, kids playground make this an ideal family oasis. Don’t forget walking distance to Sunset Harbour, Fresh Market, Trader Joe’s, Lincoln Rd. 40 yr certification process has begun

Last Agent to Sell the Property

Larry Hughes

Coldwell Banker Realty License #0664697 Listed on: 06/21/2021

Coldwell Banker Realty

Last Buyer's Agent

Lisa Van Wagenen

Brown Harris Stevens License #0678702

Brown Harris Stevens

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,525

Year Built

  • Built in 1981

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $1,320 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,477 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Storage Room
  • Video Cameras

Kitchen

  • Built-In Oven
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Lock
  • Balcony
  • Deck

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-053-1620

Community Details

Overview

  • High-Rise Condominium
  • Nine Island Avenue Condo
  • Nine Island Avenue Condo Subdivision

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Secure Lobby
  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Partial Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,525

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,320 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 5
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: NINE ISLAND AVENUE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, Elevator, Split Bedroom, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 1477
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: Partial Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Storage Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Bay, Garden View, Intracoastal View, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: NINE ISLAND AVENUE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, Guest, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 1320
  • Amenities: Boat Dock, Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Storage, Exterior Lighting, Marina, Child Play Area, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-053-1620
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 1320

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Sep 8, 2021
Sold by
Desantis Timothy Q and Arias Juan Carlos
Bought by
Meichel Pamela Lee
Seller's Agent
Larry Hughes
Coldwell Banker Realty
Buyer's Agent
Lisa Van Wagenen
Brown Harris Stevens
List Price
$768,000
Sold Price
$725,000
Premium/Discount to List
-$43,000
-5.6%
Current Estimated Value
$1,003,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,480
Avg. Annual Appreciation
8.92%

Purchase Details

Listed on
Mar 22, 2016
Closed on
Jun 17, 2016
Sold by
North Pier Holdings Group Ltd
Bought by
Desantis Timothy Q and Arias Juan Carlos
Seller's Agent
Rick Rabel
West Avenue Realty
Buyer's Agent
Mohamed Elsayed
Global Luxury Realty LLC
List Price
$650,000
Sold Price
$595,000
Premium/Discount to List
-$55,000
-8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$417,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2010
Sold by
West Coast Servicing Inc
Bought by
North Pier Holdings Group Ltd

Purchase Details

Closed on
May 18, 2010
Sold by
Soto Juan Marcos
Bought by
West Coast Servicing Inc

Purchase Details

Closed on
Aug 5, 2009
Sold by
Soto Juan
Bought by
Nine Island Avenue Condominium Associati

Purchase Details

Closed on
Aug 20, 2008
Sold by
Soto Juan M
Bought by
Sterling Eagle Mortgage Investment Co Ll

Purchase Details

Closed on
Aug 15, 2008
Sold by
Inigo Joaquin
Bought by
Soto Juan Marcos

Purchase Details

Closed on
Jul 23, 2008
Sold by
Soto Juan M
Bought by
Sterling Eagle Mortgage Investment Co Ll

Purchase Details

Closed on
Jul 1, 2008
Sold by
Soto Juan Marcus
Bought by
Inigo Joaquin

Purchase Details

Closed on
Nov 26, 2007
Sold by
Ewald Eliana
Bought by
Soto Juan

Purchase Details

Closed on
Jul 24, 2007
Sold by
Nardi Timothy
Bought by
Soto Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
9.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 19, 2004
Sold by
Arnold Richard
Bought by
Nardi Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 16, 2002
Sold by
Joseph Harry Trust C
Bought by
Arnold Richard

Purchase Details

Closed on
Feb 1, 2000
Sold by
Harry Joseph
Bought by
Joseph Harry
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meichel Pamela Lee $725,000 Clear Title Services Inc
Desantis Timothy Q $595,000 Clear Title Services Inc
North Pier Holdings Group Ltd $325,000 Attorney
West Coast Servicing Inc $251,600 None Available
Nine Island Avenue Condominium Associati -- None Available
Sterling Eagle Mortgage Investment Co Ll -- None Available
Soto Juan Marcos -- None Available
Sterling Eagle Mortgage Investment Co Ll -- None Available
Inigo Joaquin -- None Available
Soto Juan -- None Available
Soto Juan $500,000 Attorney
Nardi Timothy $355,000 --
Arnold Richard $275,000 --
Joseph Harry $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meichel Pamela $720,000
Previous Owner Desantis Timothy Q $417,000
Previous Owner Soto Juan $450,000
Previous Owner Nardi Timothy $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $725,000 -3.3% $491 / Sq Ft
08/04/2021 08/04/21 Price Changed $750,000 -2.3% $508 / Sq Ft
06/10/2021 06/10/21 For Sale $768,000 +29.1% $520 / Sq Ft
06/17/2016 06/17/16 Sold $595,000 -8.5% $403 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $650,000 -- $440 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,760 $672,850 -- --
2024 $11,457 $672,026 -- --
2023 $11,457 $652,453 $0 $0
2022 $11,118 $633,450 $0 $0
2021 $9,785 $506,760 $0 $0
2020 $9,525 $492,000 $0 $0
2019 $10,038 $518,000 $0 $0
2018 $10,594 $563,391 $0 $0
2017 $9,934 $521,658 $0 $0
2016 $8,301 $339,111 $0 $0
2015 $7,252 $308,283 $0 $0
2014 $6,507 $280,258 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Hughes

    Seller's Agent in 2021

    Larry Hughes

    Coldwell Banker Realty

    (305) 332-7082

    2 in this area

    21 Total Sales

    Section Image
  • Lisa Van Wagenen

    Buyer's Agent in 2021

    Lisa Van Wagenen

    Brown Harris Stevens

    (305) 495-8417

    8 in this area

    59 Total Sales

    Section Image
  • Rick Rabel

    Seller's Agent in 2016

    Rick Rabel

    West Avenue Realty

    (305) 989-0436

    44 Total Sales

    Section Image
  • Mohamed Elsayed

    Buyer's Agent in 2016

    Mohamed Elsayed

    Global Luxury Realty LLC

    (786) 213-5025

    1 in this area

    7 Total Sales

    Section Image
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About Nine Island

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11060051

MIAMI REALTORS® MLS

APN: 02-3233-053-1620

Florida Miami/Dade County Miami Beach 33139 Venetian Islands

9 Island Ave Unit 509, Miami Beach, FL

This home is located at 9 Island Ave Unit 509, Miami Beach, FL 33139 since 21 June 2021 and is currently estimated at $1,003,480, approximately $679 per square foot. This property was built in 1981. 9 Island Ave Unit 509 is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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